Nifty ends below 6,050 on January series expiry day

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Nifty ends below 6,050 on January series expiry day

MUMBAI: The Nifty ended the last day of January series in the negative terrain, led by losses in Tata Power, HDFC Bank, Bharti Airtel and ICICI Bank. According to dealers, the trade is likely to remain range-bound in the coming sessions in the absence of triggers to drive the market.

The 50-share Nifty index ended at 6,033.60, down 22.15 points or 0.37 per cent. It touched a high of 6,058.05 and a low of 6,025.15 in trade today.

The Sensex closed at 19,894.98, down 110.02 points or 0.55 per cent. The index touched a high of 20,008.83 and a low of 19,865.72 in trade today.

The BSE Midcap Index was up 0.54 per cent and the BSE Smallcap Index slipped 0.11 per cent.

The BSE Bankex was 0.42 per cent lower, the BSE Oil & Gas Index slipped 0.42 per cent and the BSE IT Index was down 0.26 per cent. The BSE Realty Index advanced 1.38 per cent, the BSE FMCG Index gained 0.61 per cent and the BSE Power Index moved 0.46 per cent higher.

Tata Power (2.37 per cent), HDFC Bank (2.08 per cent), Bharti Airtel (2.06 per cent), ICICI Bank (1.93 per cent) and Hindustan Unilever (1.52 per cent) were the top Nifty losers.

Punjab National Bank (10.24 per cent), Bank of Baroda (4.11 per cent), BHEL (3.16 per cent), DLF (2.60 per cent) and GAIL (1.75 per cent) were among the gainers.

The market breadth was negative on the NSE with 667 gainers against 747 losers.